FactSet Research Systems (NYSE:FDS) Price Target Raised to $375.00

FactSet Research Systems (NYSE:FDS) had its price objective upped by equities researchers at UBS Group from $340.00 to $375.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the business services provider’s stock. UBS Group‘s target price suggests a potential upside of 12.21% from the company’s current price.

A number of other research analysts also recently commented on FDS. BMO Capital Markets increased their price objective on shares of FactSet Research Systems from $300.00 to $314.00 and gave the company a “market perform” rating in a research note on Tuesday, October 13th. Barclays boosted their target price on shares of FactSet Research Systems from $250.00 to $305.00 and gave the stock an “underweight” rating in a research report on Friday, November 6th. Morgan Stanley upped their target price on shares of FactSet Research Systems from $300.00 to $321.00 and gave the company an “equal weight” rating in a research note on Wednesday. Stifel Nicolaus increased their price target on shares of FactSet Research Systems from $292.00 to $325.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, William Blair upgraded FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $284.93.

FactSet Research Systems Stock Up 2.5%

Shares of FDS traded up $8.21 during trading on Wednesday, reaching $334.19. The company’s stock had a trading volume of 542,766 shares, compared to its average volume of 918,886. The company has a market cap of $11.78 billion, a price-to-earnings ratio of 22.95, a P/E/G ratio of 1.83 and a beta of 0.69. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average of $296.81 and a two-hundred day moving average of $252.63. FactSet Research Systems has a twelve month low of $185.00 and a twelve month high of $348.00.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share for the quarter, topping analysts’ consensus estimates of $4.35 by $0.17. The business had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. FactSet Research Systems had a net margin of 21.54% and a return on equity of 31.66%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $4.05 earnings per share. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. On average, sell-side analysts predict that FactSet Research Systems will post 19.63 EPS for the current fiscal year.

Hedge Funds Weigh In On FactSet Research Systems

A number of hedge funds have recently added to or reduced their stakes in FDS. Bamco Inc. NY acquired a new stake in FactSet Research Systems during the second quarter worth about $966,533,000. Benjamin Edwards Inc. lifted its holdings in FactSet Research Systems by 142.8% in the second quarter. Benjamin Edwards Inc. now owns 3,324 shares of the business services provider’s stock worth $765,000 after acquiring an additional 1,955 shares during the last quarter. Regents of The University of California boosted its stake in FactSet Research Systems by 118.2% in the first quarter. Regents of The University of California now owns 226,375 shares of the business services provider’s stock valued at $49,121,000 after acquiring an additional 122,611 shares during the period. Deane Retirement Strategies Inc. acquired a new position in FactSet Research Systems in the second quarter valued at approximately $3,760,000. Finally, Moore Capital Management LP acquired a new stake in shares of FactSet Research Systems during the 2nd quarter worth approximately $2,088,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

Key Stories Impacting FactSet Research Systems

Here are a few of the latest stories about FDS:

• Positive Sentiment: FactSet partnered with Carbon Arc to add governed access to more than 60 alternative-data providers and 500 data assets to its Workstation and AI ecosystem, potentially broadening its product offering. Read the partnership announcement
• Negative Sentiment: FactSet’s fiscal 2029 financial outlook was reported to be below analyst consensus, raising concerns about its longer-term growth expectations. Read the fiscal 2029 outlook report
• Negative Sentiment: Morgan Stanley raised its price target from $300 to $321 but maintained an “equal weight” rating; Stifel lifted its target from $292 to $325 and kept a “hold” rating. Both targets remain below the cited share price, suggesting limited perceived upside. Morgan Stanley rating information Stifel rating information

About FactSet Research Systems

FactSet Research Systems provides financial data, analytics, and workflow technology to investment professionals and businesses. Its platform brings together market and company data, research, and analytical tools to help clients evaluate investments, manage portfolios, and support financial decision-making. The company offers subscription-based products and services, including its workstation, data feeds, application programming interfaces, and portfolio analytics. Its clients include investment managers, investment banks, wealth managers, private equity firms, and corporations.